Wednesday, September 28, 2016

Discord and Diplomacy

Slaughter and Woods

Is the European Union still a global model for regional integration? What would a new economic development strategy for the Middle East look like? Does the future belong to authoritarian capitalism? Can the International Monetary Fund and the World Bank remain relevant in a multipolar world?

Global diplomacy today is more dynamic and fluid than at any time since the end of World War II. Growing constraints on America’s ability to provide global leadership come at a time when European unity is under threat and the geopolitical center of gravity is shifting to Asia. Moreover, alongside the rise of new world powers like China and India, regional players like Brazil, Nigeria, South Africa, and Turkey yearn for a higher global profile, particularly in the world’s paramount international economic institutions.

These circumstances have undermined the effectiveness of the collective security arrangements and multilateral organizations that helped to maintain peace and economic stability in the post-war decades. It can no longer be assumed that all countries share an interest in maintaining the current international order, or that well-conceived institutions can mobilize the international community for common goals – let alone to embrace global governance on key issues, including nuclear proliferation.

No one knows this better than Anne-Marie Slaughter and Ngaire Woods. Slaughter, who served as Dean of Princeton University’s Woodrow Wilson School of International Affairs, was Director of Policy Planning in the US State Department during the Obama administration. Woods, founding Dean of the Blavatnik School of Government at Oxford University, is one the world’s foremost authorities on the IMF and the World Bank.

Every month, in Discord and Diplomacy, written exclusively for Project Syndicate, Anne-Marie Slaughter and Ngaire Woods apply their wide-ranging knowledge and practical experience of world affairs to understanding today’s unprecedentedly precarious conditions for international security, international law, and the global economy.

In unsettling times, shouldn’t your readers have the best insights available?

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